The Industrial Training Fund (ITF) and other labour sector stakeholders declared on Tuesday that Nigeria should make the most of its rapidly growing population by employing a skilled workforce. The Manufacturers Association of Nigeria (MAN) has specifically tasked ITF with leveraging a 3 million euro grant in the pipeline to produce more skilled workers in Nigeria. The desire of the …
The Academic Staff Union of Universities, ASUU, has confronted Labour and Employment Minister Chris Ngige about its six-month strike. ASUU accused Ngige of destabilising the dispute resolution process between the union and the federal government. Prof. Emmanuel Osodeke, President of ASUU, addressed a press conference at the University of Abuja on Tuesday, according to NAN. According to ASUU President, the …
Fatade Idowu Olamilekan, a wire fraud suspect on the FBI’s wanted list, was extradited to the US on Thursday, July 14, 2022, for allegedly stealing over $3.5 million in equipment in various cities across the US. According to a statement by Economic and Financial Crimes Commission (EFCC) spokesman Wilson Uwujaren, his extradition was coordinated by the Commission in response to …
Emmanuel Omoru, an accountant, is accused of murdering his pregnant wife and hanging her body to fake suicide. According to reports, the incident occurred on July 16th at their residential home in Omozuise Street, Off Street 2, Lucky Way, Aduwawa, Benin City, after the deceased accused the suspect of having extramarital affairs. “I met Aduwawa police officers who told me …
The Premium Breadmakers Association of Nigeria (PBAN) has lamented the difficulty of running bakeries in Nigeria. As a result, they have decided to withdraw their services for four days beginning Thursday, July 21, 2022, according to a statement issued by the association. “Bread is a staple food and one of the cheapest ‘grab and go’ foods available to both the …
On Tuesday night, gunmen stormed Arthur Jarvis University in Cross River State and opened fire. Sir Arthur Jarvis, a former Peoples Democratic Party, PDP, governorship candidate in the state, owns the university. According to reports, the incident occurred as the students were returning from classes on campus. The university is located in Akpabuyo Local Government Area, about 15 kilometres from …
The Centre for Social Justice, Equity, and Transparency, CESJET, has once again urged President Muhammadu Buhari to sign the National Youth Service Corps NYSC trust fund bill, which was recently passed by the National Assembly, into law. At a press conference in Abuja, the Executive Secretary of CESJET, Isaac Ikpa, stated that the bill’s signing into law will bring economic …
A Dana Air Boeing 737 with the registration number (5N DNA) made an emergency landing on approach at Nnamdi Azikiwe International Airport due to a problem with one of its engines. The airline confirmed the incident in a statement on Tuesday, saying it happened around 2:52 p.m. and that the passengers were unharmed. “Our Abuja-bound Boeing 737 aircraft with registration …
Ken Langone, a billionaire investor and philanthropist, has identified three key business principles that have served him well throughout his career. He told CNBC in an interview that aired on Mad Money that these principles have also been helpful in building a successful organisation. According to him, the three most powerful things in business are a kind word, a thoughtful …
The world is currently dealing with high inflation, and Africa is not immune, with countries on the continent printing record high inflation rates in 2022. The rise in the inflation rate coincides with the rise in crude oil prices, which has occurred in the midst of the conflict between Russia and Ukraine. The rising cost of energy around the world …
Personal Loan Against Salary (PLAS) was introduced by FirstBank of Nigeria Limited to assist customers in meeting their daily obligations. AMAKA IFEAKANDU considers the product’s impact and benefits on account holders. The recent increase in the prices of goods and services in the country has continued to put pressure on many Nigerians, forcing them to think about how to raise …
NFT’s limited edition 1 of 1 champagne ‘Magnum 2.5’ has just become the world’s most expensive champagne. Purchased on OpenSea as an NFT for 2500 ETH, which is equivalent to $2.5 million USD. The magnum of Chateau Avenue Foch 2017 was sold with an NFT that grants the holder digital art and intellectual property rights to an image of a …
The United States Mission and the British High Commission have praised the efforts of the Independent National Electoral Commission (INEC) and security operatives in ensuring the peaceful conduct of the governorship election in Osun State on Saturday. Ademola Adeleke of the PDP received 403,371 votes, while Gboyega Oyetola of the APC received 375,027 votes. Adeleke won 17 of the 30 …
Rivers State Governor Nyesom Wike is meeting behind closed doors with Zamfara State Governor Abdulaziz Yari. It was learned. It was reported that Yari paid a visit to the PDP chieftain on Tuesday at his private residence in Port Harcourt. Yari went into a closed-door meeting with Rivers State governor after arriving at Wike’s residence in Rumuepriokom community in Obio/Akpor …
Barnabas Yakubu, 27, was sentenced to nine months in prison by the ADei-Dei Grade 1 Area Court in Abuja on Tuesday for stealing iron rods worth N330,000. Mr Yakubu of Dawaki, Abuja, was sentenced on a single count of theft, to which he pleaded guilty and begged the court for mercy. Sulyman Ola, the Judge, however, gave Mr Yakubu the …
Senator Ademola Adeleke, Governor-elect of Osun State, has admitted that some associates of All Progressive Congress (APC) party chieftain and Minister of Interior, Rauf Aregbesola, supported him during the state’s recent governorship election. Ademola stated that while some of Aregbesola’s allies may have joined the Peoples Democratic Party (PDP) and worked for his victory, it is not clear that the …
The Securities and Exchange Commission has received an application from MTN Nigeria Communications Plc in relation to the registration of a brand-new N200 billion Bond Issuance Program. This information was provided in a disclosure document submitted to the exchange regarding MTN Nigeria Communications Plc’s registration of a follow-up N200 billion Bond Issuance Program. The company stated that capital expenditures, working …
Eze Madumere, an ex-deputy governor of Imo state, demanded an independent investigation on Tuesday into the last Sunday attack by individuals thought to be associated with the Ebubeagu security group, in which no less than fourteen youths were allegedly assaulted, seven of whom were reportedly killed, and numerous others seriously injured. Through his media assistant, Uche Onwuchekwa, Madumere called the …
The activities of women’s football development in Nigeria in recent times have drawn the attention of more sports stakeholders, particularly those in the football community. Chief (Mrs.) Dilichukwu Onyedinma, the former Chairperson of the Nigeria Women Football League (NWFL), was the most recent speaker. She claimed that domestic women’s football in the nation is gradually collapsing and that, if immediate …
The Monetary Policy Rate (MPR) of the Central Bank of Nigeria (CBN) has been increased from 13% to 14% by the Monetary Policy Committee (MPC). After the committee’s meeting on Tuesday at the CBN headquarters in Abuja, the governor of the central bank, Godwin Emefiele, informed the media of this. The increase in interest rates, according to Mr. Emefiele, will …
